china
- May- 2021 -19 MayNews
TikTok moves off Alibaba Cloud
According to the Chinese financial media , Chinese internet giant ByteDance has decided to stop hosting TikTok and other overseas apps on Alibaba Cloud. This decision by ByteDance is a blow to the e-commerce giant’s cloud-computing branch. The revenue growth rate…
- 16 MayNews
China : Long March 5B situation as rocket heads reentry
On Friday, China’s foreign ministry acknowledged the imminent uncontrolled reentry of the Long March 5B as the orbit of the first stage continued to lose altitude. On May 7 at a Foreign Ministry regular news conference, spokesperson Wang Wenbin responded…
- 14 MayNews
Didi plans grocery unit IPO as early as 2022
As per a report by The Information, Didi Chuxing , a Chinese ride-hailing giant is gearing up to usher in its grocery delivery unit for a separate listing as early as 2022. This comes a year after a planned listing for…
- 11 MayNews
SoftBank leads $15M round for China’s industrial robot maker Youibot
China’s flourishing industrial robotics space has been picked by SoftBank. Youibot is a four-year-old startup known for making autonomous mobile robots for a range of scenarios. In its latest funding round led by SoftBank Ventures Asia, it has notched close to…
- 9 MayNews
TikTok names new CEO: Singaporean Shou Zi Chew
TikTok said on Friday, April 30 that the company has appointed Singaporean Shou Zi Chew as the new chief executive officer of the popular video-sharing platform. TikTok is believed to have about 1 billion users worldwide including more than 100…
- 8 MayNews
Huawei is selling EVs in stores, may offset sinking phone sales
On Wednesday last week, Huawei began selling Chinese-made electric cars. These cars are equipped with Huawei’s powertrain system and in-car infotainment solution. The company said that this move could offset a drastic decline in its global handset business resulting from US…
- Apr- 2021 -1 AprilNews
Ant Group-backed bike-rental app Hello Inc files for US IPO
According to a Bloomberg report, Hello Inc, a Chinese bike-rental firm, has filed for an initial public offering in the US. Why is it garnering attention? Hello, a Shanghai-based firm, has survived China’s competitive bike rental bubble and is a…
- Mar- 2021 -27 MarchNews
Little mention of China’s EV industry in the Five-Year Plan
In this year’s annual government work report which was presented on Friday, China’s ambition to become a world leader in electric vehicles was barely mentioned. Experts say that it’s a sign indicating that the market is maturing. Policies and Market…
- 1 MarchNews
Clubhouse directs millions of dollars to a Chinese start-up called Agora Inc.
The clubhouse is a social networking application. It lets people gather in audio chat rooms to discuss various topics, whether it’s sports, wellness, art, etc. In just two months, Clubhouse has become the venue of choice for luminaries like Elon Musk…
- Jan- 2021 -24 JanuaryNews
Is China challenging Google’s supremacy?
We all know what Google is. The incredible American search engine tool which is probably one of the most used websites in the world. One could fastly assume that Google is the most powerful tool in terms of algorythm power…
- Dec- 2020 -25 DecemberTop
5 things you should know about China
Everybody thinks China is just the big dragon whose main features are already widely known. However, although many people think they got it pretty much all figured out, there are some curiosities definitely worth knowing. From China’s share of American…
- 23 DecemberDiscover
Why Vietnam is being chosen as the new China ?
Many companies are chosing to move their production lines out to Vietnam. Whether it is China, Apple, Google or maybe soon even Microsoft, it makes no difference, they all seem to dream about Vietnam. Even smaller companies are doing the…
- 1 DecemberNews
5 Chinese startups that will revolutionize the tech industry
China has some of the leading tech startups which are completely overtaking the world by their efficiency and better technology. It clearly shows that China has many revolutionary startups that are used worldwide. In this article, we are going to…
- Nov- 2020 -30 NovemberTop
5 Chinese unicorns on the rise
Ever wondered which country is the one with the highest number of unicorns? Second only to the US, China is surely one of the best countries in terms of unicorns. With its massive funding resources and government support, not to…
- Oct- 2020 -17 OctoberTop
Top 4 innovations of China that will change the world
You already knew this was coming. China has been a superpower country for several decades, and there is a reason behind it, the first reason is the advancements done in the tech and AI world. The government, people, and how they…
- 8 OctoberTop
Top 5 Chinese companies you should know about
Nowadays everyone’s topic list for 2019 is covid-19, but the world’s biggest economy didn’t stop because of the pandemic. China continued to produce interesting startups. Here we present the top 5 most interesting companies from China. A Starbuck’s rival? Starbucks…
- 1 OctoberNews
Kakao Games – Wemade conclude business alliance for new mobile MMORPG Mir 4
Kakao Games and Wemade are gathering their strengths to successfully launch Wemade’s Mir 4. With the launch of the new mobile MMORPG Mir 4 ahead Kakao Games (CEO Nam Gung-hun and Cho Gye-hyeon) and Wemade (CEO Jang Hyeon-guk) signed a…
